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October 4, 2008 at 8:16 PM #281167October 4, 2008 at 8:20 PM #281507greekfireParticipant
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
October 4, 2008 at 8:20 PM #281449greekfireParticipant“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
October 4, 2008 at 8:20 PM #281453greekfireParticipant“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
October 4, 2008 at 8:20 PM #281173greekfireParticipant“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
October 4, 2008 at 8:20 PM #281495greekfireParticipant“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” – Henry Ford
October 4, 2008 at 9:53 PM #281535ArrayaParticipantCongress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.
It’s a private institution and it prints money out of thin air and trades for US Treasuries + Interest. How do you get that gig and wouldn’t it be easier to just cut it out? It was slipped in the Christmas eve when most of congress was on break and was followed by the 16th amendment. So these guys get to come in charge us interest + treasuries and we get income tax. Before this income tax was considered immoral. Think about this, it prints money out of thin air and US citizens give a private institute US Treasuries + interest. Not only this we get income tax and a dollar that has devalued 95% since it’s inception.
This is way Ron Paul wants to repeal both. Because the only reason we have income tax is because of the federal reserve which is not federal and has no reserves. Just digital money that we gobble us and mortgage our future, so what we can get Alan Greenspan to encourage people to take out risky loans in 2004 at the height of the bubble. Something stinks.
October 4, 2008 at 9:53 PM #281546ArrayaParticipantCongress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.
It’s a private institution and it prints money out of thin air and trades for US Treasuries + Interest. How do you get that gig and wouldn’t it be easier to just cut it out? It was slipped in the Christmas eve when most of congress was on break and was followed by the 16th amendment. So these guys get to come in charge us interest + treasuries and we get income tax. Before this income tax was considered immoral. Think about this, it prints money out of thin air and US citizens give a private institute US Treasuries + interest. Not only this we get income tax and a dollar that has devalued 95% since it’s inception.
This is way Ron Paul wants to repeal both. Because the only reason we have income tax is because of the federal reserve which is not federal and has no reserves. Just digital money that we gobble us and mortgage our future, so what we can get Alan Greenspan to encourage people to take out risky loans in 2004 at the height of the bubble. Something stinks.
October 4, 2008 at 9:53 PM #281212ArrayaParticipantCongress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.
It’s a private institution and it prints money out of thin air and trades for US Treasuries + Interest. How do you get that gig and wouldn’t it be easier to just cut it out? It was slipped in the Christmas eve when most of congress was on break and was followed by the 16th amendment. So these guys get to come in charge us interest + treasuries and we get income tax. Before this income tax was considered immoral. Think about this, it prints money out of thin air and US citizens give a private institute US Treasuries + interest. Not only this we get income tax and a dollar that has devalued 95% since it’s inception.
This is way Ron Paul wants to repeal both. Because the only reason we have income tax is because of the federal reserve which is not federal and has no reserves. Just digital money that we gobble us and mortgage our future, so what we can get Alan Greenspan to encourage people to take out risky loans in 2004 at the height of the bubble. Something stinks.
October 4, 2008 at 9:53 PM #281489ArrayaParticipantCongress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.
It’s a private institution and it prints money out of thin air and trades for US Treasuries + Interest. How do you get that gig and wouldn’t it be easier to just cut it out? It was slipped in the Christmas eve when most of congress was on break and was followed by the 16th amendment. So these guys get to come in charge us interest + treasuries and we get income tax. Before this income tax was considered immoral. Think about this, it prints money out of thin air and US citizens give a private institute US Treasuries + interest. Not only this we get income tax and a dollar that has devalued 95% since it’s inception.
This is way Ron Paul wants to repeal both. Because the only reason we have income tax is because of the federal reserve which is not federal and has no reserves. Just digital money that we gobble us and mortgage our future, so what we can get Alan Greenspan to encourage people to take out risky loans in 2004 at the height of the bubble. Something stinks.
October 4, 2008 at 9:53 PM #281493ArrayaParticipantCongress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.
It’s a private institution and it prints money out of thin air and trades for US Treasuries + Interest. How do you get that gig and wouldn’t it be easier to just cut it out? It was slipped in the Christmas eve when most of congress was on break and was followed by the 16th amendment. So these guys get to come in charge us interest + treasuries and we get income tax. Before this income tax was considered immoral. Think about this, it prints money out of thin air and US citizens give a private institute US Treasuries + interest. Not only this we get income tax and a dollar that has devalued 95% since it’s inception.
This is way Ron Paul wants to repeal both. Because the only reason we have income tax is because of the federal reserve which is not federal and has no reserves. Just digital money that we gobble us and mortgage our future, so what we can get Alan Greenspan to encourage people to take out risky loans in 2004 at the height of the bubble. Something stinks.
October 4, 2008 at 10:14 PM #281545patientrenterParticipantarraya,
I agree that the management of our money supply and credit has been irresponsible for many years now. But what you are seeing there is a projection of the wishes of the Congress, mainly.
If Congress wants to have cheap and easy credit, then they can make it happen, because they have the legislative power. Everyone in govt, or organizations that live or die at the pleasure of the govt, knows that. You don’t think the CEO of Fannie Mae, in its day, made a move without chatting with Chris and Barney first? Same for the Fed. It’s convenient for Congress to allow the Fed to ‘get out in front’ on issues opposed by most voters, but if the Fed were to actually act against Congress’s real wishes, Bernanke would be humiliated or re-chartered in a flash.
October 4, 2008 at 10:14 PM #281503patientrenterParticipantarraya,
I agree that the management of our money supply and credit has been irresponsible for many years now. But what you are seeing there is a projection of the wishes of the Congress, mainly.
If Congress wants to have cheap and easy credit, then they can make it happen, because they have the legislative power. Everyone in govt, or organizations that live or die at the pleasure of the govt, knows that. You don’t think the CEO of Fannie Mae, in its day, made a move without chatting with Chris and Barney first? Same for the Fed. It’s convenient for Congress to allow the Fed to ‘get out in front’ on issues opposed by most voters, but if the Fed were to actually act against Congress’s real wishes, Bernanke would be humiliated or re-chartered in a flash.
October 4, 2008 at 10:14 PM #281499patientrenterParticipantarraya,
I agree that the management of our money supply and credit has been irresponsible for many years now. But what you are seeing there is a projection of the wishes of the Congress, mainly.
If Congress wants to have cheap and easy credit, then they can make it happen, because they have the legislative power. Everyone in govt, or organizations that live or die at the pleasure of the govt, knows that. You don’t think the CEO of Fannie Mae, in its day, made a move without chatting with Chris and Barney first? Same for the Fed. It’s convenient for Congress to allow the Fed to ‘get out in front’ on issues opposed by most voters, but if the Fed were to actually act against Congress’s real wishes, Bernanke would be humiliated or re-chartered in a flash.
October 4, 2008 at 10:14 PM #281222patientrenterParticipantarraya,
I agree that the management of our money supply and credit has been irresponsible for many years now. But what you are seeing there is a projection of the wishes of the Congress, mainly.
If Congress wants to have cheap and easy credit, then they can make it happen, because they have the legislative power. Everyone in govt, or organizations that live or die at the pleasure of the govt, knows that. You don’t think the CEO of Fannie Mae, in its day, made a move without chatting with Chris and Barney first? Same for the Fed. It’s convenient for Congress to allow the Fed to ‘get out in front’ on issues opposed by most voters, but if the Fed were to actually act against Congress’s real wishes, Bernanke would be humiliated or re-chartered in a flash.
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